7Road Holdings (HKSE:00797) ROCE % : -24.89% (As of Dec. 2023)

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What is 7Road Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. 7Road Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -24.89%.

7Road Holdings ROCE % Historical Data

The historical data trend for 7Road Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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7Road Holdings ROCE % Chart

7Road Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.60

3.67

5.75

15.12

-5.55

7Road Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											8.89	32.23	-0.07	12.92	-24.89

7Road Holdings ROCE % Calculation

7Road Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-126.428	/	( ( (2954.981 - 507.912)	+	(2487.661 - 382.251) )	/ 2 )
	=	-126.428	/	( (2447.069	+	2105.41)	/ 2 )
	=	-126.428	/	2276.2395
	=	-5.55 %

7Road Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-571.822	/	( ( (2895.817 - 405.701)	+	(2487.661 - 382.251) )	/ 2 )
	=	-571.822	/	( ( 2490.116	+	2105.41 )	/ 2 )
	=	-571.822	/	2297.763
	=	-24.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

7Road Holdings (HKSE:00797) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

7Road Holdings ROCE % Related Terms

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7Road Holdings (HKSE:00797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 7Road Holdings Ltd (HKSE:00797) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2-18-1902, Long Shan Road, Xin Wu District, Jiangsu Province, Wuxi, CHN

Website

https://www.7road.com

7Road Holdings Ltd is a web-based and mobile online game developer and publisher in China. The company is engaged in the R&D, operation and licensing of several popular web games. It has developed games like DDTank, Chuanqi and Wartune.

Executives

Ben 7road Holdings Limited
Shang Hai Guan Zhao Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Zhe Jiang Jia Hua Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Hao Ming Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Zhe Jiang Shi Ji Hua Tong Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Han Jianhong	2201 Interest of corporation controlled by you
Songshuxing Holdings Limited
Ningbo Hao Chu Investment Management Co.,ltd
World 7road Holdings Limited
Hu Min
Meng Shuqi
Baohu Holdings Limited
Zhou Hao
Shanghai Bao Pu Investment Management Co., Ltd.
Shanghai Bao Hu Investment Management Center

7Road Holdings (HKSE:00797) Headlines

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